Thailand: Thai baht races to highest in over 1 year after solid Q2 GDP Monday, 15 August 2016 – Thailand’s baht turned firmer to hit its strongest level in more than one year after data showed the economy expanded faster than expected. The baht gained as much as 0.2 per cent to 34.685 per US […]
Read MoreThailand: Thailand’s economy expanded more than expected in second quarter Monday, 15 August 2016 – Thailand’s economy grew more than analysts estimated in the second quarter as the military government accelerated spending on road and rail projects to help offset weak demand for the nation’s exports. Gross domestic product expanded 3.5 per cent in the […]
Read MorePhilippines: BOI to double investment approval target this year Monday, August 15, 2016 – The Board of Investments (BOI) is doubling its target investment approvals for 2016, signaling a more aggressive outlook among local investors on the country’s investment landscape compared to their foreign counterparts. BOI chairman and Trade Secretary Ramon Lopez told The STAR […]
Read MorePhilipines: Philippine economy could grow faster this year – Dominguez Monday, August 15, 2016 – The Philippine economy could grow faster than the official target for this year and would likely sustain that level under the Duterte administration, Finance Secretary Carlos Dominguez said. “Our economy is expected to grow between 6.5 and 7.5 percent this […]
Read MoreSingapore: Retail sales up 0.9% on-year in June, boosted by vehicle sales Monday, 15 August 2016 – Retail sales in Singapore rose 0.9 per cent in June compared with the previous year, mainly due to a jump in sales of motor vehicles, the Department of Statistics (SingStat) said on Monday (Aug 15). However, excluding motor […]
Read MoreSingapore: Private home sales rebound strongly in July Monday, 15 August 2016 – Sales of new private homes rebounded last month as more projects were launched in July. Excluding executive condominiums (ECs), property developers sold 1,091 units in July, around double the 536 units sold in June, data from the Urban Redevelopment Authority (URA) showed […]
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